Mich. Comp. Laws § 500.2638

Current through Public Act 156 of the 2024 Legislative Session

Section 500.2638 - Rating organizations; rules affecting payment of dividends, savings or unabsorbed premiums

No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

MCL 500.2638

1956, Act 218, Eff. 1/1/1957 .